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Germany approves fiscal spending package to boost economic growth prospects

Germany's upper house of parliament has approved a significant fiscal spending package, expected to boost GDP growth to 1.5% in 2026 and 2% in 2027, according to Deutsche Bank analysts. However, the near-term outlook remains uncertain due to potential U.S. tariffs and geopolitical tensions, leading to a revised growth forecast of 0.3% for this year. The measures, aimed at increasing defense and infrastructure spending, mark a departure from decades of fiscal conservatism.
Investing.com
Euro United States Dollar Deutsche Bank RV Global PP RUS DEU USA Friedrich Merz Robin Winkler Donald Trump Show more
Politics & Governance, News Article
14:26 21.03.2025

eurozone economy struggles despite falling interest rates and looming uncertainties

Falling interest rates in the eurozone are failing to stimulate the economy, which is showing signs of contraction, particularly in Germany and France. The Purchasing Managers' Index indicates a downturn, with concerns of a potential recession looming as demand weakens and uncertainty grows over the impact of the upcoming US elections.
capital.de
Euro Deutsche Bank Aktiengesellschaft Commerzbank AG DEU USA FRA Joachim Nagel Francois Villeroy de Galhau Vincent Stamer Robin Winkler Thomas Gitzel Show more
TradFi, Market Report
14:30 25.10.2024
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